Tag: GRLF

Hot OTC Play, Options & More

Trans Global Group Inc. TGGI 

In yesterday’s report we talked about our extended watchlist selection of TGGI on Monday morning, after  the stock ran 67% from .003 to .005. We also noted the trend that it was establishing seemed to suggest the possibility of further advances.

Our hunch proved accurate in no time flat, as TGGI once again broke out to new highs just as we suspected it may. The stock traded in a daily range from .0038 to .0093, which represented an intraday move of 145% and pushed our two-session observed upswing to 210% The stock has been trading heavy volume and with the momentous pattern we’ve seen thus far we’ll certainly continue to keep watch.

As we’ve pointed out on the chart below, we’re going to want to see its previous resistance point at .0053 hold as support on any forthcoming pullbacks in order for us to remain interested in TGGI.

BioLife Solutions Inc. BLFS – Recap

Our lone fresh options idea in yesterday’s premarket report was the BLFS Weekly $40-45 Calls. Despite being our sole point of focus in the options arena for the day, we still hit a bullseye.

The stock ran hard to the $48 level, which facilitated the following solid intraday gains in our designated targets:

BLFS Weekly $40-45 Calls
$389: 2.30-4.05 (+76%)
$390: .75-1.90 (+153%)
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Fresh Options Ideas: 
ADBE Weekly $457.50-465 Calls
WGO 04/16 $80-85 Calls
HOME 04/16 $32-34 Calls

Extended Watchlist:
PSWW, AZFL, BPSR, MRNJ, FERN, MMMW, CYCA, ADGO, GRLF

Wrapping Up Another Strong Trading Week

Snowflake Inc. SNOW – Options Review

In yesterday morning’s premarket report, there was a clear standout among our options ideas of the day. We had tagged the SNOW Weekly $247.50-250 Calls for observation following the company’s earnings drop. It was a release with mixed results, but that didn’t stop traders from pushing the stock as high as 279.45 on the session.

SNOW’s intraday move facilitated some fantastic numbers in our designated targets. The total possible gains were in the eight-bagger range, and were as follows: 

SNOW Weekly $247.50-250 Calls 
$247.50: 3.40-32.64 (+860%)
$250: 3.07-29.39 (+857%)
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Fresh Options Ideas*:
COST Weekly $320-315 Puts
AVGO Weekly $445-447.50 Calls
GPS Weekly $25.50-26.50 Calls
SPY Weekly $379-380 Calls 

*Please do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds! 

For The Earth Corp. FTEG 

FTEG is a CBD play traded on the OTC that we tagged in yesterday morning’s extended watchlist, after noticing two of the company’s overdue reports were filed for the previous two quarters. FTEG is currently working toward coming current, and that represents progress toward that end, so that’s something we’re going to want to keep an eye on.

Whenever a defunct OTC stock goes current, the attention it brings can often drive some serious moves. We’ve witnessed many subpenny runners of late, and FTEG could get its chance, so we’re going to want to monitor this one closely over a longer period of time.

Extended Watchlist:
GRLF, INND, SANP, VPER, FORW, NSAV 

Hot Options Plays & More

Friday’s Big Performers:

Our first order of business on this morning is to go back over the two fresh options trading ideas that we formulated in Friday morning’s report. 

We were looking out for gains in the DKNG Weekly $58-59 Calls and the ABNB Weekly $185-190 Calls, and we certainly got what we were after. In a 5 for 5 sweep, every contract set that we designated for observation posted multibag intraday runs. As far as ABNB was concerned, the potential gains on the day were absolutely enormous.  

ABNB Weekly $185-190 Calls 
$185: 4.60-27.42 (+496%)
$187.50: 3.25-25.15 (+673%)
$190: 2.16-23.04 (+967%)
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DKNG Weekly $58-59 Calls
$58: 1.30-4.40 (+238%)
$59: .81-3.44 (+324%)

In the case of DKNG, premarket activity suggests that further gains are forthcoming, so we’re going to want to renew our idea for this fresh trading week and begin tracking the DKNG Weekly $62-63 Calls.
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More Fresh Options Ideas: 
SPY 03/01 $383-385 Calls
NRG Weekly $39-40.50 Calls 

Extended Watchlist: 
LTNC, IMTL, AABB, GTEH, GDET, MYDX, ICNM, GRLF, RDAR